Your tire or auto service business has provided for your livelihood. It has created jobs, sales, profits, equity and marketplace visibility. And now you're ready to move on. Maybe you're seeking an exit right away. Maybe you're planning for the future. Either way, and regardless of the phase you may...
In order to build a successful auto repair business, most shop owners feel they need to sell more parts and more labor. Although both of those items are a part of your business model, one thing is certain: your customers don't look forward to buying either of the two, at...
Once upon a time, my accountant had to prepare 102 W2s in a single year for my shop. We had so much turnover, dealt with so much chaos and were putting out so many fires that it was impossible for me to contemplate working "on" my business instead of "in"...
With each passing generation, our population landscape gets more diverse. The majority of communities throughout the U.S. and Canada have a makeup that is very different from a few decades ago. With these ever-shifting demographics, business owners are faced with the challenge of constantly reinventing their marketing and customer service...
OMG! It's about time there's an article about Millennials (also known as Generation Y) and how they use the Internet. Millennials were born between 1980 and 2000, and there are more than 79 million of them in the U.S. Got any of them coming into your shop? Of course you...
One of the biggest hurdles you'll face in running your own business is staying on top of your numerous obligations to federal, state and local tax agencies. Tax codes seem to be in a constant state of flux making the Internal Revenue Code barely understandable to most people.
I recently asked a friend in his late 50s about his plans for retirement. He told me he expected to die at his desk - and he was serious. He gave no thought to a time when he wouldn't be in his business. Part of being a proactive business owner...
